What Is Behind the Trend Toward Expansion into Global Markets

question 52

Multiple Choice

What is behind the trend toward expansion into global markets?

• A) Foreign countries can provide a business with new markets in which there are millions or billions of new customers.
• B) They can operate with lower labour costs.
• C) Global activities are simplified and encouraged by trade agreements among nations.
• D) Foreign countries can provide a business with new markets in which there are millions or billions of new customers,"they can operate with lower labour costs," and "global activities are simplified and encouraged by trade agreements among nations."
• E) Foreign countries can provide a business with new markets in which there are millions or billions of new customers and "global activities are simplified and encouraged by trade agreements among nations" only.

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Definitions:

Intermediation Revenue Model

A business model where revenue is generated by facilitating transactions between two or more parties.

Real Estate Brokers

Professionals licensed to arrange real estate transactions, negotiating deals between buyers and sellers, often representing one of the parties.

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specific period of time.

Operating Costs

Expenses associated with the routine functioning of a business or system.